Oct 21, 2019, 6:10 PM
Journalist ID: 2374
News Code: 83525704
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Larijani : South Africa investment procedure facilitated in Iran

Tehran, Oct 21, IRNA – Iranian Parliament speaker Ali Larijani said investment procedure has been facilitated for South Africa in Iran, adding that bilateral ties between two countries need a jump in economic cooperation.

Speaking in a meeting with South African Ambassador to Iran Vika Mazwi Khumalo, Larijani said due to the fact that South Africa is an effective country in Africa, it should be a pioneer in developing trade relations with Iran.

He noted that bilateral relations between Iran and South Africa need a move in economic cooperation.

Expressing satisfaction over holding Iran-South Africa joint economic commission, he said it is the beginning of promoting economic relations.

Elsewhere in his remarks, Larijani stressed boosting political and parliamentary relations.

He also called for implementing agreements signed between Iran and South Africa.

Meanwhile, Mazwi Khumalo underscored the importance of reinforcing relations between two countries, saying the recent joint economic commission meeting has resulted in signing new bilateral agreements.

He described relations between Iran and South Africa as strong and fruitful, saying developing banking cooperation is the prerequisite for promoting economic relations.

Holding various exhibitions in Iran and South Africa is significant for finding capacities of both countries concerning developing cooperation, the diplomat said.

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